The real estate market is far from a total recovery. The recent figures on the Phoenix area home prices prove that: both commercial and residential real estate have been seeing a decline in prices. And the decline seems to be a consistent trend.
Though economists still consider the Phoenix area real estate market as stable, the downward trend in prices sure is alarming. For the first time in months, Valley home prices are in the negative. Commercial real estate prices are also consistently 30% lower than what they were a year …

Phoenix, AZ -The worsening economy has heightened the likelihood of foreclosure incidents for many homeowners as the scarcity of available jobs further threatens the ability of many Americans to meet mortgage payments.
And amidst the challenges currently encountered by many distressed homeowners, foreclosure expert Ken Spohn said that the most effective way of dealing with foreclosure is to first come to terms with pre-foreclosure issues, which he admitted should prove quite difficult for troubled homeowners to deal with in the first place.
Spohn said that homeowners would naturally grapple with the reality …

Who says only the Trumps and the Rockefellers can make a go of the real estate industry? Even a high school dropout, with the right attitude and strategy, can make it big: Oak Brook business owner and successful real estate investor Tony Severino has proven so. Now, he’s ready to share his real estate know-how to the general public who also wants to make their marks in the real estate business.
Tony Severino – who has been buying real estate in the past 15 years, with his wife Lisa – is …

Phoenix, Arizona has seen some ups and downs in its June home sales, with the biggest high for the overall sales. The region has boosted its monthly sales by 11%, as compared to the previous month. Even the median sale price rose, for the fourth month in a row, above last year’s level.
A lot of factors can be thanked for this positive turn to Phoenix’s home sales. The biggest one, most probably, is the tax credit. Also, more $200,000-plus homes were sold in that month. Even the number of sold …